us30 4h wow market just reacted from a monthly area of demand. we have daily confirmation. now a 4h entry opportunity is available if we can get a retrace my back to entry before valid hitting weekly or daily supply ULongby MastermindGNDUpdated 112
US30 Analysisif market fails a new low in the next sessions, this will be my setup.Longby randybrigitta1
US30USD - Looks little Toppy!Keeping it simple, we need reasons for the market to move, data may be one of them this week, there is also targets institutions layout so without having a bias, the momentum however seems to shows its hand towards the shorting side. To not be bias, must be recognised the conscious fact institutions have set their targets at higher levels so definitely not a sure thing. There was a reason the FED J Powell wasn't allowed to say Rate Cuts or Hikes in his speech yesterday, this is because they do not know if a rate hike is out of the question although they understand they will have to reduce rates at some point. This for me means discounting a rate hike as a possibility would be reckless. The charting also shows we are in the middle of the VAH & VAL so very neutral ATM with a hint of short. by M-D-B1
POIs FOR BEGINNER TRADERSOrder blocks are the last up or down candle before price shifted direction. Imbalances, or fvg is the space between 3 consecutive candles where the first and third candle's wicks do not touch this gap, or space is an fvg/ imbalance. These POIs should be either found in your discount or premium area.Education03:44by darrenblignaut781
US30 Dow Jones Technical Analysis and Trade IdeaRecently, the US30 has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback. The video discusses the Dow Jones prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your consideration. Please remember, the content provided is solely for educational purposes and should not be taken as investment advice. Trading involves significant risk, highlighting the importance of consistently applying strong risk management strategies. 📈🚀📊 08:16by tradingwithanthonyUpdated 8
US 30 Sell idea.US30- Dow Jones. As per my analysis. its seems US30 is going to mitigate FVG residing around 37000-36500 region and from there it could be potential longs.Shortby HamzaGillani3
No-News-Is-Good-News for DowJonesAs is well known among traders, the monthly Non-Farm Payrolls (NPP) report is usually the most relevant release of the day and usually provides many clues as to the Fed's direction for interest rate adjustments, in this case possible cuts. NVidia has become an unusual focus of attention lately, even though short positions in AI giant have been increasing to generate a possible price adjustment, while the famous Meme-Stock GameStop continues to have especially high volatility since the famous youtuber “Roaring Kitty” posted that he would do a live session to trade it. Gamestop jumped 20% on Monday after the influencer posted a 116 million bet on the stock after a 3-year gap. We note this due to the fact that he was one of the key players in the 2021 spike where Reddit forum wallstreetbets made a massive long in favor of the firm literally rescuing it from assured bankruptcy. Shares were up nearly 50% yesterday and an additional 30% in “afterhours”. NPP (Nonfarm Payrolls) in the West's largest economy is expected among analysts to add 180,000 jobs last month, up slightly from April's 175,000, which was the smallest increase in half a year. All this under the expectation of keeping the unemployment rate below 4% for the 28th consecutive month. Economic data reports have theoretically underpinned the easing of tightening labor market conditions that could surprise to the downside. This worries the Fed that an overly strong economy would prevent rate cuts, but this has not happened so far showing a slowdown in inflation and a cooling of the labor market, which is not particularly good in macro terms either. If the employability report shows us that the US economy is losing steam and a slowdown in job creation continues, this would be expected, but if it surprises on the downside, this may generate some negative shock in the markets. A relatively ridiculous situation in macro terms, again because it would show that clearly the purchasing power of Americans is shrinking and there is a risk of a sharp reduction in domestic consumer demand, which only confirms the theoretical environment that the market would turn to a defensive environment in a very deterministic way. Next week the Federal Open Market Committee (FOMC) meets next week, but a cut is not expected at the highly anticipated meeting. Markets are currently trading at 50 basis points heading into December, which is when the first rate cut will begin. As a good first Friday in June, futures started the market weak, awaiting the payrolls, the Dow Jones has started the session slightly higher, up 35 points (0.1%), the S&P500 up 3 points (0.1) and the Nasdaq 100 up 23 points (0.1%) respectively. If the session shows that the evidence of a slowdown is consistent, this may support the long-awaited cuts. Later in the day, the Fed will meet with the ECB to discuss their joint monetary policy due to the possibility of the first Eurozone rate cut since 2019. If we look at the Dow (Ticker AT: USAIND) we see that from May 31 through yesterday's session it has recovered 923 points, or 2.43%. In order to reach the trading zone of the last week of May, it is necessary that the stocks of that market begin to behave with good profitability and the market does what is expected of it. At the moment, the RSI is in the middle zone and the POC is at 39,869 points with an unclear trading bell. That is to say, it does not seem that the market knows very well what can happen and it is precisely for that reason that “no-news-is-good-news” or what is the same, the absence of changes presents us with a bullish continuation without strength. So it would not be surprising if the price looks to head towards 39,500-39,750 points in the coming weeks before the start of the summer, especially in view of next week's meeting of the Fed and the ECB. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. ULongby ActivTrades2
US30 PredictionBeginning with our weekly timeframe, we have seen that US30 has twice struck a zone of strong resistance. US30 hit an all-time high of 39,984.1 on April 1, 2024. On Monday, May 20, 2024, that level was again hit, forming a double top and, in accordance with our trendline, a resistance level. The market subsequently dropped right away to the zone 38,023.1, which was a solid area of support. We are now in a bullish rise that I believe will retrace to about 39,007.1. At that point, I will open a sell position and aim to capture my profits at the levels listed below. TP1: 38,799.2 TP2: 38,348.6 TP3: 38,017.5 TP4: 37,673.3 TP5: 37,282.4 Moreover, if the forex gods are insane TP6: 36,026.4 I appreciate you viewing my analysis. Any and all criticism is appreciated.Short08:07by thobanizumaUpdated 7
DowJones ready to Sell Dear Traders, we are in correction phase (Dowjones), and i expect price will move down to 37700 Area, What you think about my idea? dont Forget Like &Comment please ! Regards, Alireza!Shortby alirezak3
US30 LONGLooking for US30 to continue its upwards trend once it successfully breaks and retests the ascending triangle it has printed. I believe we are headed back to 40k Longby BlackSheepFinancial11
DOW JONES The bleeding may not be over. How low will it go?On our last Dow Jones (DJI) analysis (May 24, see chart below), we called for the high probability of a bearish break-out below the Channel Down, following the 1D MACD Bearish Cross (similar to April 02): As you can see, Dow delivered, so our 38350 Target got hit, with minimum losses on the buy position at the bottom of the Channel Up. Yesterday's rejection on the 1D MA50 (blue trend-line) though, is far from ideal and opens the way for more downside. The chart shows DJI's long-term pattern, which has been a Channel Up since the October 03 2022 market bottom. The periodic corrections through Bearish Legs have both declined by -9.25%, a striking resemblance indeed. Yesterday's 1D MA50 rejection basically resembles those of the past Bearish Legs on March 06 2023 and October 17 2023. Ahead of the 1D MA50/ 100 Bearish Cross, which could be completed by tomorrow, there is high probability for a deeper Low, at least as Low as Support 1 (37250). This would be ideal as it would also make contact with the 1D MA200 (orange trend-line) for the first time in 7 months (since November 03 2023)! After that though, we will turn into long-term buyers again, even though that wouldn't complete the -9.25% decline of the previous Bearish Legs, but in terms of R/R would be acceptable enough to aim for 40000 before the Channel Up goes for a Higher High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot16
$DJIA M pattern June 2024Dily chart is forming M pattern... A drop is due if the Neck Line is broken.. Shortby ilearnfx4
Us30We looking for buying opportunities as we are outside the bullish trend that was broken out by the market resulting in a change of trend which Leds to buysLongby officialpotego_fx9
The Mechanics Of Trading - Part IVPart IV - Decision Making (A vs B) I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy. Education19:38by BradMatheny1
US30 (Looks like bullish confirmation)Technical Analysis The price dropped and reached our weekly target of 38,050, as mentioned at the beginning of the week. Now, the price will likely attempt a retest up to 38,190 and 38,400 before potentially dropping again. The bearish trend will be activated by stability below 38,050, targeting 37,820. A bullish scenario will be triggered if the price breaks above 38,790, aiming for 39,050. Pivot Line: 38,675 Resistance Levels: 38,790, 39,050, 39,350 Support Levels: 38,410, 38,020, 37,820 Today's expected movement range is between the support level at 37,820 and the resistance level at 38,400. previous idea: Longby SroshMayiUpdated 1121
NEW IDEA FOR DOWJONES The increase in the Dow Jones index due to the increase in profits from the income of companies By examining the trend in the four-hour time frame, the Dow Jones index, having an important support interval in the range of 38,322-38,088, can increase to the previous ceiling resistance in the range of 40,079, in the meantime, the 61.8% Fibo resistance will be seen at 39,289.Longby arongroups5
Long DowI think its fair to assume that it is a good time to try to buy into DOW given the declineLongby ScienceBasedTradingUpdated 6
US30 ( UPWARD)US30 Tendency the price is a long pressure in between 38,680 and 38,560 Turning level : The turning level between 38,680 and 38,560 so as long as the price above this level, there will be a bullish trend , but braking 38,569 , the price comes downward pressure resistance level : trade above turning level between 38,680 and 38,560 , the price will rise to 39,015 and 39,185 support level : braking a turning level 38,560, the price will reach the support level of 38,280 and 37,940 corrective level : price will attempt between 38,680 and 38,560 , correct itself before long ULongby ArinaKarayi2
US30Key Observations: 1. Moving Averages (200 MA and 50 MA): • 200 MA (Blue Line): The price is currently near the 200 MA, which could act as dynamic support or resistance. • 50 MA (Yellow Line): The price is slightly above the 50 MA, indicating a short-term bullish trend. 2. Relative Strength Index (RSI): • The RSI is around the 50 level, indicating neutral conditions. This suggests that the market could move in either direction from this point. 3. MACD (Moving Average Convergence Divergence): • The MACD line is above the signal line, but the histogram shows decreasing bullish momentum. This indicates a potential slowdown in the uptrend. 4. Bollinger Bands: • The price is near the upper Bollinger Band, indicating that it might be overbought. This often suggests a potential pullback to the middle band (20 MA) or lower band. 5. Fibonacci Retracement Levels: • 0.236 (39,026.2), 0.382 (38,783.9), 0.5 (38,641.1), 0.618 (38,498.3), 0.786 (38,282.5): • The price is near the 0.236 Fibonacci level (39,026.2), which could act as resistance. The other levels serve as potential support if the price retraces. 6. ATR (Average True Range): • The ATR indicates moderate volatility. This suggests that while there might be significant price movements, they are not extreme. Comprehensive Technical Analysis: 1. Current Trend: • The short-term trend is slightly bullish as indicated by the price above the 50 MA. However, the proximity to the 200 MA suggests caution as the overall trend could be neutral to bearish if the price fails to sustain above the 200 MA. 2. Neutral RSI: • The RSI around 50 indicates no strong momentum in either direction, suggesting potential consolidation or a balanced market. 3. Key Support and Resistance Levels: • Resistance: 0.236 Fibonacci level (39,026.2) and potentially the upper Bollinger Band. • Support: 0.382 Fibonacci level (38,783.9), 0.5 Fibonacci level (38,641.1), and 0.618 Fibonacci level (38,498.3). 4. Momentum Analysis: • The MACD indicates bullish momentum, but the decreasing histogram suggests a potential weakening. This requires monitoring for signs of a bearish crossover. Potential Buy and Sell Levels: Buy Levels: 1. Support at 0.382 Fibonacci Level (38,783.9): • If the price finds support around this level and shows bullish reversal signals, consider entering a buy position. • Buy Level: 38,783.9 • Stop Loss: Below 38,700.0 (just below the support level to avoid false breaks) • Take Profit: First target at 39,026.2 (0.236 Fibonacci level) and second target at 39,200.0 (previous swing high) 2. Lower Bollinger Band Area: • Consider buying near the lower Bollinger Band for a short-term rebound. • Buy Level: Around 38,600.0 (if the lower Bollinger Band is around this level) • Stop Loss: Below 38,500.0 (to account for potential volatility) • Take Profit: Middle Bollinger Band (approximately 38,900.0) Sell Levels: 1. Resistance at 0.236 Fibonacci Level (39,026.2): • If the price rebounds to this level and faces resistance, consider entering a sell position. • Sell Level: 39,026.2 • Stop Loss: Above 39,100.0 (just above the resistance level) • Take Profit: First target at 38,783.9 (0.382 Fibonacci level) and second target at 38,641.1 (0.5 Fibonacci level) 2. Middle Bollinger Band Area: • If the price fails to sustain above the middle Bollinger Band, consider entering a sell position. • Sell Level: Around 38,850.0 (if the middle Bollinger Band is around this level) • Stop Loss: Above 38,950.0 (just above the middle Bollinger Band) • Take Profit: First target at 38,600.0 (lower Bollinger Band) and second target at 38,500.0 Summary: • Buy Levels: • 38,783.9 (with stop loss below 38,700.0 and take profit at 39,026.2 and 39,200.0) • Around 38,600.0 (with stop loss below 38,500.0 and take profit at 38,900.0) • Sell Levels: • 39,026.2 (with stop loss above 39,100.0 and take profit at 38,783.9 and 38,641.1) • Around 38,850.0 (with stop loss above 38,950.0 and take profit at 38,600.0 and 38,500.0)by KironKavanagh2
DowJones US30 / DJ30 Bullish Money heist planMy Dear Robbers / Traders, This is our master plan to Heist US30 Dow Jones Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Resistance & Order Block, So the Market is overbought / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Longby Thief_TraderUpdated 2
US30 06+06+2024 The Probable FallThis is an overall view of the trader H4Hubert. As shown, US30 showing weakness to go higher. Let's see what happens.Short03:40by highlybrilliantllc2
US30US30 is looking in Bearish Trend as it is printing HH and HL Order type : Buy stop Entry : 38574.62 SL : 38233.57 TP1 : 39456.99Longby SohailChaudharyUpdated 7
US 30 short - swing trade Taken a nice swing short on US 30 to finish the week Entry 38963 TP 38840 SL 39004 Targeting the sellside liquidity after we trapped the bulls in the 15min breaker. Tape read the move and waited for my SYSTEM TO CONFIRM MY TRADE. Always follow your trading system and the market ranges/ Ideally we would to see the market trade through the HTF sellside sitting around 38800 by the end of the day. Hope you guys had a nice week. Similarly I hope your trading week has been decent and looking forward to next week. As always the bottom line of the week is only a moment in time. Don't let it make you or break you. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.Shortby Patrick27071